Oklo (NYSE:OKLO) Stock Price Down 2% – Time to Sell?

Shares of Oklo Inc. (NYSE:OKLOGet Free Report) traded down 2% during trading on Thursday . The company traded as low as $21.90 and last traded at $22.44. 4,892,169 shares were traded during mid-day trading, an increase of 9% from the average session volume of 4,476,341 shares. The stock had previously closed at $22.89.

Analysts Set New Price Targets

Several research analysts recently weighed in on OKLO shares. Seaport Res Ptn raised shares of Oklo to a “hold” rating in a research note on Friday, September 6th. B. Riley began coverage on shares of Oklo in a research note on Thursday, September 19th. They issued a “buy” rating and a $10.00 target price for the company. Finally, Citigroup cut their price target on Oklo from $11.00 to $10.00 and set a “neutral” rating on the stock in a report on Tuesday, September 24th.

Get Our Latest Stock Report on OKLO

Oklo Trading Up 1.0 %

The firm has a 50 day moving average price of $10.41.

Oklo (NYSE:OKLOGet Free Report) last released its quarterly earnings data on Tuesday, August 13th. The company reported ($5.17) EPS for the quarter. On average, equities research analysts forecast that Oklo Inc. will post -2.92 EPS for the current year.

About Oklo

(Get Free Report)

Oklo Inc designs and develops fission power plants to provide reliable and commercial-scale energy to customers in the United States. It also provides used nuclear fuel recycling services. The company was founded in 2013 and is based in Santa Clara, California.

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